East River Child Development Center
Nonprofit profile at a glance
- EIN
- 132874462
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2122547301
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $5,682,110
- Expenses
- $5,690,827
- Assets
- $2,980,541
- Liabilities
- $1,888,013
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- debra zimmerman (assistant executive director)
- IVAN WEINER (President)
Highest reported compensation
- BRIAN ZIMMERMAN (Executive Dir.): $230,350 total reported compensation
- debra zimmerman (assistant executive director): $160,560 total reported compensation
- Sonia Nachuk (Program Director): $126,069 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
East River Child Development Center (ERCDC) is a not-for-profit educational corporation founded in 1972 to provide a family centered, community based school experience for children and families. As ERCDC grew and matured, its mission was refined to focus on servicing children with special needs. ERCDC provides a comprehensive Special Education program delivering educational and therapeutic services in a centerbased multicultural, multilingual environment. Additional services include comprehensive evaluations as well as Special Education Itinerant Services to children in their homes and those attending regular preschools, headstarts and daycare centers. ERCDC believes that the provision of comprehensive, coordinated services to children with special needs should be provided in the least restrictive environment and must be responsive to the individual child and their family. ERCDC offers educational and therapeutic services to special needs children between the ages of three and five. Th
What it reported doing in 2024
At ERCDC the evaluation program requires the efforts of our parents, clinicians and educators. It is based upon a multi-disciplinary team approach that ensures that a child suspected of having a disability receives timely evaluations at our SED approved evaluation site (at no cost to the parent). Evaluations establish the childs functional levels, determine eligibility for services (including the need for any bilingual services) and are used to develop an IEP for any student in need of special education programs and/or services. The evaluation reports describe the language(s) of assessment, including the childs proficiency in both the childs native language and English, the present levels of performance and learning characteristics of the child. They identify levels of cognition, language and communication, social/emotional development, self-help skills, motor development and management needs which may affect the preschool students ability to learn. When assessing children and interviewing families from multicultural/multilingual backgrounds, social/cultural determinants are considered. Each childs environment and cultural norms are of particular importance as part of the process to determine the need for a special education program and/or services.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 70
- Accountability: 100
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.2%; rating input score 89
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 13.1%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 16th percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 89.2% of revenue deployed · 89.2% of spending went to programs
- Governance: 3 of 3 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $5.1M in reported program spending
- Leadership: top reported pay $230K · 8 people listed · 1 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 22/100.